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something boeing is going to be very, very nervous about. all right, the political tug of war, between the president and the u.s. chamber of commerce has come to exemplify what you might call this administration's love-hate relationship with big business. and it's our deep dive today, a relationship that will be tested again in the upcoming battle over spending and the debt and the debt ceiling. today that deep dive into the battle between these two political heavy weights. the seeds of conflict, if you will, were planted early. president obama has been targeting lobbying groups like the chamber since the day he announced his white house run. >> they write the checks, you get stuck with the bill. they get the access while you get to write a letter. they think they own this government, but we're here today to take it back. the time for that kind of politics is over. it is through. >> despite that, the relationship actually started off on a somewhat positive note. the chamber broke with republicans early on in obama's presidency and backed the
something boeing is going to be very, very nervous about. all right, the political tug of war, between the president and the u.s. chamber of commerce has come to exemplify what you might call this administration's love-hate relationship with big business. and it's our deep dive today, a relationship that will be tested again in the upcoming battle over spending and the debt and the debt ceiling. today that deep dive into the battle between these two political heavy weights. the seeds of...
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boeing. special review from the faa on the 787 dreamliner. they want to investigate the power stps of the jet. this is a big story. the 787 is boeing's new carbon fiber plane, completely new design and engineering from any plane in history, and it has had its lion's share of problems. the last couple weeks you've had fuel leaks, battery fire issues, now a cracked cockpit window in japan. that out overnight. the faa says, listen, we're going to do a special review of this jet. here's the key, though. they're not shutting the jet down. this is not an airworthiness issue. the jet will continue to fly. but it matters because so many airlines are counting on this jet with its larger fuel range to add new revenue streams for them. and if these problems continue, boeing has already faced a bit of a stock hit. some of the airlines could get hit as well, guys. a big story to continue to watch. american express laying off 5,400 workers, 8% of their work force. >> let me stop you there. yesterday we had more bad news coming out of -- >> morgan stanley.
boeing. special review from the faa on the 787 dreamliner. they want to investigate the power stps of the jet. this is a big story. the 787 is boeing's new carbon fiber plane, completely new design and engineering from any plane in history, and it has had its lion's share of problems. the last couple weeks you've had fuel leaks, battery fire issues, now a cracked cockpit window in japan. that out overnight. the faa says, listen, we're going to do a special review of this jet. here's the key,...
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Jan 6, 2013
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plus, >>> "meet the press" is brought to you by the boeing company. [ male announcer ] rocky had no idea why dawn was gone for so long... ...but he'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love strong. >>> coming up, with all the numbers being thrown around in the last two weeks during the fiscal cliff negotiations, we thought we'd try to put things into perspective. take a look at these figures. these are the key numbers in simple terms for money that the u.s. takes in and spends roughly every year. you see the amount we spend is greater than the total taxes revenue. and that's the difference between the two, or the money we have to find or borrow to cover our spending. and there's the total debt. $16.4 trillion to the united states government. if we wanted to bring those numbers down to size, say for a fam
plus, >>> "meet the press" is brought to you by the boeing company. [ male announcer ] rocky had no idea why dawn was gone for so long... ...but he'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love...
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the faa is saying it will team up with boeing engineers to launch a top revee of the issues plaguing the 787 dreamliners. it experienced a handful of mishaps. ray la hood says the planes are safe and he would fly on a 787. >>> kate middleton said her first official portrait is amazing and it was unveiled today. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. >>> today, emp
the faa is saying it will team up with boeing engineers to launch a top revee of the issues plaguing the 787 dreamliners. it experienced a handful of mishaps. ray la hood says the planes are safe and he would fly on a 787. >>> kate middleton said her first official portrait is amazing and it was unveiled today. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global...
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Jan 8, 2013
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. >>> boeing lagged because of a second incident at logan international airport one day after this plane caught fire. another dreamliner returned to the date with a fuel leak. >>> and 2013 may prove to be an expensive year at the pump. gasbuddy.com predicts prices may jump this summer. i'm verronica de la cruz. let's get you back to "hardball." ♪ >>> welcome back to "hardball." ever since the republicans lost in november, the parties appeared to be in kind of a civil war and donors are zipping their wallets because these don't like the party's direction. yet the tea party wing wants to push the party further right in some cases. what's going on with the republican party? we've got an expert. the former house republican majority leader and former freedom works chairman dick armey. mr. armey, i'm a hill rat and i always look up to guys that have been elected. i'm going to ask you broad questions, we'll narrow it down to freedom works later on. what's going on with your party? i thought in that first debate romney had the number on the president. he's talking about spending, creating jobs
. >>> boeing lagged because of a second incident at logan international airport one day after this plane caught fire. another dreamliner returned to the date with a fuel leak. >>> and 2013 may prove to be an expensive year at the pump. gasbuddy.com predicts prices may jump this summer. i'm verronica de la cruz. let's get you back to "hardball." ♪ >>> welcome back to "hardball." ever since the republicans lost in november, the parties appeared to...
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boeing contributed to the slump after a 787 dreamliner caught fire at logan international airport. no passengers on board. the faa is investigating. meantime bank of america slipped depit reaching an over10 billion settlement with fannie mae over questionable home loans it sold during the housing bubble. that's it from cnbc. we are first in business worldwide. now it's back over to "hardball" on msnbc. ♪ >>> as a country we have been through this too many times, whether it's an elementary school in newtown or a shopping mall in oregon or a temple in wisconsin or a movie theater in aurora or a street corner in chicago. these neighborhoods are our neighborhoods, and these children are our children. and we're going to have to come together and take meaningful action to prevent more tragedies like this regardless of the politics. >> welcome back to "hardball." it's been 24 days now since the horrific shooting in newtown, connecticut, and this weekend we got the first bit of information on the size and scope of recommendations vice president biden's gun control task force may make. "t
boeing contributed to the slump after a 787 dreamliner caught fire at logan international airport. no passengers on board. the faa is investigating. meantime bank of america slipped depit reaching an over10 billion settlement with fannie mae over questionable home loans it sold during the housing bubble. that's it from cnbc. we are first in business worldwide. now it's back over to "hardball" on msnbc. ♪ >>> as a country we have been through this too many times, whether...
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Jan 12, 2013
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so the faa is responding to that series of technical setbacks to the boeing 787 dream liner. what are they looking for? >> alex, the dream liner debuted in 2011. and with it debut it was wrought with problems. right now the faa is looking at all aspects of this 787, but mostly the electronic cal component of it. now when they opened up the investigation boeing said they were happy to have them look at these flights. but this came just after this week where three different planes were grounded because of all these different problems. now, when this news broke, boeing was fine with it but the investors were really actually very jittery. the stock dropped about 5% which equalled about $3 billion in losses. >> that is a big loss. what about this new survey which says about a third of universities expect to either decline or grow slower than inflation when it comes to tuition. does that mean parents should start celebrating this? >> parents should start celebrating just yet. really what's going on is that the desire to go to a four-year college is starting to drop. and rightly so.
so the faa is responding to that series of technical setbacks to the boeing 787 dream liner. what are they looking for? >> alex, the dream liner debuted in 2011. and with it debut it was wrought with problems. right now the faa is looking at all aspects of this 787, but mostly the electronic cal component of it. now when they opened up the investigation boeing said they were happy to have them look at these flights. but this came just after this week where three different planes were...
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. >>> and "the seattle times," boeing is investigating problems with its 787 dreamliner after back-to-back days of mishaps. jed one of the jets spilled about 40 gallons of fuel at logan airport. the day before an exploded battery sparked an electrical fire on board a different dre dreamliner plane also at logan airport. >>> the tsa has implemented a new program that selects passengers based on their behavior and allows them to use a special lane to get through screenings more rapidly. the system builds on the precheck program which allows passengers deemed low risk to go through security without taking off shoes, belts and jackets or removing liquids or laptops from their carry-on. >>> in "the new york times," the next call to the bull pen may most likely be from a cell phone. as part of a new sponsorship deal with t-mobile. stadiums will begin to disconnect the land lines that have been around for decades and exchange them with smartphones. >> no. >> i think that's just a stupid idea. >> remember the one at fenway? so cool. >> networks around stadiums for fans in attendance. i don't like
. >>> and "the seattle times," boeing is investigating problems with its 787 dreamliner after back-to-back days of mishaps. jed one of the jets spilled about 40 gallons of fuel at logan airport. the day before an exploded battery sparked an electrical fire on board a different dre dreamliner plane also at logan airport. >>> the tsa has implemented a new program that selects passengers based on their behavior and allows them to use a special lane to get through...